Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 103rd & 104th Series
Source : AMBD News
17 Apr, 2014
448 views
Bandar Seri Begawan, Brunei Darussalam (April 2014) - The Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 103rd and 104th issuance of short-term Sukuk Al-Ijarah securities.
The total of the sukuk issuance was B$200 million with following details:
Series: 103
Issuance Date: 20 March 2014
Maturity Date: 18 December 2014
Tenor: 273 days
Rental Rate: 0.20%
Series: 104
Issuance Date: 17 April 2014
Maturity Date: 17 July 2014
Tenor: 91 days
Rental Rate: 0.16%
With this issuance, the Brunei Government has thus issued over B$7.23 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006 and the total holdings of the Brunei Government Sukuk outstanding until 17th April 2014 stood at BND 800 million.